
T. Ozbun
Research expert covering food retail and all food topics for Italy and Brazil
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Tesco's statutory operating profit in the United Kingdom and Ireland was approximately **** billion British pounds in the 2024/25 financial year. This was a slight decrease compared to the previous financial year. Over the period in consideration, the company recovered from a heavy operating loss of over **** billion British pounds in 2014/15Â
Originally founded in 1919 by Jack Cohen in London, Tesco PLC experienced decades of continuous growth and expansion to become the leading grocery retailer in the United Kingdom in 2025. Over the years, Tesco diversified its product portfolio to include books, clothing, and home appliances. Tesco has a global workforce of more than ** employees.
Tesco was among the trailblazers in e-commerce when the company started an online shopping service named ‘Tesco Direct’ as early as 1997. Today, the online platform tesco.com, which was launched in 2000, offers customers a broad range of products and services ranging from grocery and clothing to online banking services. The e-commerce net sales of tesco.com increased from **** billion U.S. dollars in 2014 to more than billion dollars in 2023. The most significant year-on-year sales growth in tesco.com’s sales occurred between 2019 and 2020, as the coronavirus pandemic triggered a sharp increase in online grocery shopping across the world.
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Finances
E-commerce
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* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.